Tax

ATO’s client-agent linking a threat to system integrity: IGTO

Tax ombudsman Karen Payne has criticised the byzantine design and implementation of the process, throwing her support...

18 March 2024 • By Christine Chen

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Business

How too much trust or scepticism can be problematic

Where do you sit on the trust versus sceptical scale? If you, your colleagues or clients are leaning heavily to either...

15 March 2024 • By Sue Parker, DARE Group

Business

Business stress testing critical as economic conditions worsen

Michael Fingland explains the vital role that stress testing can play for businesses in an economy "teetering on the...

15 March 2024 • By Jessa Sargento

Tax

AAT rules against ATO’s ‘incorrect’ $1.4m fine on Perth taxpayer

The tribunal has ruled in a taxpayer’s favour after finding the Commissioner failed to show enough evidence to justify...

15 March 2024 • By Christine Chen

Business

Grant Thornton makes job cuts to management consulting group

Chief executive Greg Keith cited “ongoing challenges within the retail market” as contributing to the redundancies.

15 March 2024 • By Miranda Brownlee

Regulation

ASIC acts against 15 auditors over in-house audit concerns

The Corporate Regulator has taken action against 15 auditors following a review into audit firms conducting both...

14 March 2024 • By Miranda Brownlee

Tax

Full Federal Court rejects ATO’s anti-avoidance ruling

In a landmark taxpayer win, the Full Federal Court unanimously held that schemes targeted by the ATO did not trigger...

14 March 2024 • By Miranda Brownlee

Appointments

BDO bolsters audit and advisory teams with new partners

The mid-tier firm has appointed two new partners to expand both its audit and infrastructure advisory teams.

13 March 2024 • By Miranda Brownlee

Business

PwC axes over 300 jobs in major restructure

The firm will make 329 roles redundant and accelerate the retirement of up to 37 partners as it moves in a new...

13 March 2024 • By Miranda Brownlee

Tax

Former ATO employee jailed for accepting bribes

A former Tax Office employee has been sentenced after accepting bribes for reducing millions of dollars in tax debts.

13 March 2024 • By Miranda Brownlee

Business

AFSA’s positive discrimination makes inroads for female trustees

The intervention to attract more women into the conservative profession dominated by men is working, according to CEO...

13 March 2024 • By Christine Chen

Business

Blame game erupts over ATO’s client-agent linking

Widespread confusion caused by the process shows something has gone wrong, but tax agents, professional bodies and the...

13 March 2024 • By Christine Chen

Business

Invoice defaults climb to record highs: CreditorWatch

Payment defaults from business-to-business transactions are at record highs despite a slight improvement in...

13 March 2024 • By Miranda Brownlee

Super

Allowing super for housing would ‘inflame’ market, warns SMC

Enabling super members to use retirement savings to buy a house could unleash a price rise of nearly $75,000 in...

13 March 2024 • By Miranda Brownlee

Technology

The suite is back! Say goodbye to disconnected apps and APIs

For too long, accountants have multitasked between too many apps, each promising automation but ultimately delivering...

12 March 2024 • By The Access Group

Technology

Say goodbye to tech mess and hello to all-in-one compliance

Are you tired of juggling multiple platforms and apps to complete your compliance and client communication? If so,...

12 March 2024 • By The Access Group

Business

Client-agent linking threatening ‘viability of practices’, CA ANZ tells ATO

Complex processes, technical glitches, and insufficient ATO support with client-agent linking are having a direct...

12 March 2024 • By Miranda Brownlee

Business

Guide to business resilience launched amid rising insolvencies

Vantage Performance and CreditorWatch have released a guide for assisting businesses to put resiliency plans in place.

11 March 2024 • By Miranda Brownlee